Category: News

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Berger Commercial Realty/Corfac International was recently awarded two new leasing assignments totaling 115,070 +/- square feet.

Senior Vice President Keith Graves, CCIM, Vice President Jonathan Thiel , Sales Associate Lawrence Oxenberg and Sales Associate Daniel Forman will serve as the exclusive leasing agents for Fort Lauderdale Commerce Center (FLCC), a Class B multi-tenant, small-bay industrial building totaling 52,502 +/- square feet located at 3559-3563 & 3571-3675 NW 53rd Street in Fort Lauderdale. Fort Lauderdale Commerce Center is a master-planned business park strategically located between I-95 and Florida Turnpike off the Commercial Blvd. corridor within proximity to Fort Lauderdale Executive Airport (FXE). The building features a variety of small-bay units with 24’ clear height ceilings, dock-high and grade level O/H door access, 3 phase power and bay sizes from 3,000 sq. ft. to 20,000 sq. ft. The property is zoned CC – City of Fort Lauderdale, ideal for a variety of warehousing, distribution, and light manufacturing uses.

The team was also awarded exclusive leasing and marketing for 635-695 4th Street in Fort Lauderdale, a Class B warehouse/distribution building totaling 52,568 +/- square feet. The building features a variety of bay sizes from 5,500 to 16,860 rentable square feet. Units feature 24′ clear height, 3 phase electric, exterior signage and dock-high and grade level O/H doors. Located in the heart of Fort Lauderdale near the Fort Lauderdale Downtown/CBD and the burgeoning Flagler Village area, the 1986-built building is within close proximity to the affluent east-side residential house base and offers convenient access to I-95. The property is zoned B-3 – City of Fort Lauderdale, also ideal for a variety of warehousing, distribution, and light manufacturing uses.

“Berger Commercial is excited to work with Longpoint Realty Partners and EverWest Real Estate Investors on their recent acquisitions,” commented Graves. “These product types are in high demand, and we look forward to re-positioning and adding value to the assets.”

The leasing team can be reached at 954-358-0900.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide.

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Berger Commercial Realty/Corfac International Vice President Jonathan Thiel and Sales Associate Daniel Forman recently represented the landlord, Mancini & Sons Florida #2, LLC, in leasing 106,544 square feet of space to tenants in two buildings at the Enterprise Commerce Center in Deerfield Beach, bringing the park to full occupancy.

Thiel and Forman executed two new lease deals totaling 19,110 square feet, including a 10,351-square-foot lease with Keystone Automotive Operations, Inc., the leading distributor and marketer of specialty automotive equipment and accessories in North America, as well as a new 8,759-square-foot lease deal with Airworthy Inc., an interior solutions and services provider for the aviation industry.

The team also closed a lease renewal with Custom Plastic Card Co. for 45,940 square feet, a lease renewal with MD Science Labs for 35,684 square feet, a 3,850-square-foot lease renewal and expansion with Weather Guard Industries, 1,960-square-foot lease renewal with Limitless Strength and Conditioning.

Located at 1901 Green Road and 5051 NW 13th Ave., Enterprise Commerce Center is a prime industrial, business park with a total of 145,401 square feet of both small and large bay warehousing. With prime access to I-95, Florida’s Turnpike, Sawgrass Expressway, Sample Rd., and SW 10th Ave., this park attracts a variety of users from small business owners to large national groups. Strategically located within the Northeast Broward submarket, these warehouses provide rapid delivery options for any and all kinds of distribution.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently-owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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Broward Office

Broward Industrial

Palm Beach Office

Palm Beach Industrial

We hope this information is informative and useful. If you have any questions, please contact one of our brokers and we will be happy to assist you.

 

 

About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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Berger Commercial Realty/Corfac International Senior Vice Presidents Keith R. Graves, CCIM and Joseph P. Byrnes today announced the signing of a new lease deal for 98,012 square feet at Bridge Point 595, a Class A industrial distribution facility located at 2750 Bridge Way in Davie, Florida. This latest transaction brings the 677,318-square-foot logistics park to full occupancy.

The tenant, Original Impressions, LLC, a Postal Center International (PCI), Inc. company, provides fully integrated mail, print, fulfillment, signs, packaging, promotional, creative, and e-business, solutions for enterprise clients in industries such as banking, finance, government, healthcare, and insurance. PCI is one of the largest Minority Business Enterprise (MBE) in its industry, building on its almost 40-year legacy on exceptional client service, operational excellence, and regulatory compliance (HITRUST CSF®, TruSight, FDR, PCI DSS, SOC 2 (Type 2), FSC, SFI, PEFC, and G7). This new site will serve as PCI’s Signage and Fulfillment Center, expanding PCI’s company footprint by 98,012 square feet for over 450,000 square feet across the company’s national headquarters in Weston, FL, and its regional site in San Antonio, TX. This multi-year lease agreement marks yet another step in PCI’s long-term strategy to secure a national leadership position in the high-speed, presort mailing services market.
“We are excited about this latest milestone, because it helps us meet the future with unprecedented growth, efficiency, and value that our enterprise clients demand of a business partner,” said Ismael Diaz, president, PCI. “This new production facility will continue to empower clients through an expanded powerhouse of solutions.”

Graves and Byrnes represented the landlord, Bridge Industrial, in the deal. Rick Etner with Cushman & Wakefield represented the tenant.

“This was the last remaining space for lease at this in-demand logistics park,” commented Graves. “Bridge Industrial is an experienced owner and had the foresight to build out spec office space, which allowed us to offer the space for immediate occupancy.”

“As a result of significant growth, the tenant was looking to expand, but wanted to do so in a well located, modern facility with strong ownership. We are pleased to have been able to meet all of their requirements and welcome them to Bridge Point 595,” added Byrnes.

The lease transaction comes on the heels of a 290,295-square-foot lease agreement with The Tire Rack, Inc. and a 96,728-square-foot deal with La Mesa RV, both of which were negotiated by Graves and Byrnes in December 2021.

Bridge Point 595 is already home to Shipmonk, a multichannel order fulfillment services and inventory management software that enables companies to focus on achieving scalable growth, which occupies 110,500 square feet, Vessel FL Operations, LLC. (Reef Technology), the largest operator of mobility, logistics hubs, and neighborhood kitchens in the United States, Canada, and has a growing presence in Europe, which signed on for ±47,316 square foot lease, and K&K Transfer, a full-service moving, delivery, storage and warehousing company, which signed a long-term lease agreement earlier this year to occupy 34,467 square feet.
Bridge Point 595 features three Class-A industrial buildings, which are now fully occupied. The three buildings within the park feature 32’ clear ceiling heights, dock-high loading, ESFR sprinkler systems, a 1.04/1,000 parking ratio, 54’ column spacing and 60’ speed bays. The rear-load facilities are located minutes from 595, I-95 and Florida’s Turnpike, offering easy access to South Florida’s major transportation arteries. The park also offers easy connections to South Florida’s busiest air and seaports, including Fort Lauderdale – Hollywood International Airport and Port Everglades, Port Miami, and Miami International Airport.
Bridge Industrial is one of South Florida’s most active industrial real estate developers. Since 2012, the company has acquired approximately 700 acres in 17 separate transactions throughout Miami Dade and Broward Counties and delivered and/or has under construction approximately 8 million square feet of Class-A industrial space regionwide.
The company’s current South Florida portfolio spans more than 5 million square feet of company-owned and third-party managed properties.

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About PCI
PCI is a leading print, mail, and marketing solutions partner. Renowned as the one of the nation’s largest, state-of-the-art transactional printing, postal and mail processing service organizations, the company’s family of brands employs 400 associates and boasts annual sales of approximately $300 million. PCI delivers exceptional mail, print, fulfillment, signs, packaging, promotional, creative, and e-business solutions for enterprise clients in industries such as banking, finance, government, healthcare, and insurance. PCI is a HIPAA-compliant Certified Minority Business Enterprise (MBE), and holds multiple sustainability and security certifications: (HITRUST CSF®, TruSight, FDR, PCI DSS, SOC 2 (Type 2), FSC, SFI, PEFC, and G7).. To learn more, visit PCIbrands.com.

About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently-owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

About Bridge Industrial
Bridge Industrial (www.bridgeindustrial.com) is a privately-owned, vertically integrated real estate operating company and investment manager that focuses on the acquisition and development of Class A industrial real estate in the supply-constrained core industrial markets of Chicago, Miami, New Jersey/New York, Los Angeles/San Francisco, Seattle, and London. Since its inception in 2000, Bridge has successfully acquired and developed more than 67 million square feet of industrial buildings/projects valued at more than $12.1 billion

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Berger Commercial Realty/Corfac International Senior Vice President Stephen Hyatt represented the seller,
the AIDS Healthcare Foundation., in the sale of 2.15 acres including 10 condos at Villa Tuscany, located at 409 SE 8th Street in Fort Lauderdale, Florida.

The buyer, Salt Air 20 Townhouses, LLC and Salt Air 20 Development, LLC, led by Robert Given, Al and Nelson Fernandez, paid $15,250,000

The deal closed March 28.

The property is located in downtown Fort Lauderdale, just south of the New River. Zoning is high density RAC-CC which allows for office and multifamily development. The immediate area has undergone tremendous growth in the past 5 years with multiple large-scale projects announced or underway. A portion of site was previously used for overflow parking for AHFs headquarters located next door but has subsequently been enlarged with other purchases by AHF for a planned multifamily development that did not occur due to zoning issues.

“Multiple large land sale transactions have occurred in the immediate area in the last 2 years,” explained Hyatt. The Salt Air group plans to develop a multifamily project on the site. They recognized the value of the site as being contiguous to the 3 block site purchased by internationally known OKO Group for $63 million in June of 2020 and their plans for a world class multi phased mixed use development just south of the tunnel“

The transaction marks the fifth Hyatt has executed for the Foundation between Fort Lauderdale and Miami Dade County.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide.

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LOS ANGELES, CA, April 8, 2022 — Crexi, the commercial real estate (CRE) industry’s fastest-growing marketplace, data, and technology platform, today announced Keith R. Graves, CCIM as a winner of its first annual Platinum Broker Awards, an inaugural awards program recognizing the highest performing brokers on Crexi’s platform.

To be recognized as a Platinum Broker, Crexi users must land in the top one percent of brokers using the platform. Berger Senior Vice President, Keith Graves, among other winners, are being recognized for their exceptionally high engagement, high property search score, use, and knowledge of Crexi’s marketing portal, deals closed on Crexi, as well as a healthy number of leads per listing, total listings, and total value. Brokers are recognized based on three focuses – sale, lease, and auction. Winners from the sale and lease categories span hospitality, industrial, land, multifamily, office, retail, restaurant, and special purpose sectors, while the auction category spotlights top performers overall.

“This program is our way of acknowledging the brokers who continue to make an impact and find success with Crexi across sales, lease, and auction functions,” stated Mike DeGiorgio, founder and CEO of Crexi. “Commercial real estate has been a difficult landscape to navigate over the past two years, but brokers have found technology solutions like Crexi to continue growing their business and close more deals in record time.”

This award program goes beyond property volume and total value sold, taking into account platform activity, search scores, leads, and more

About Crexi
Commercial Real Estate Exchange, Inc. (Crexi) is revolutionizing the way commercial real estate professionals transact by accelerating deal velocity and democratizing access to both properties and industry data. In 2015, Crexi embarked on a journey to transform the CRE industry: to create a single-source hub for stakeholders to market, analyze, and trade commercial property.

Today, Crexi empowers nearly 2 million buyers, brokers, and tenants each month to explore over $2 trillion of property value nationwide and has helped to close upward of $330 billion in transactions. Crexi’s growing team of 225+ employees — based in Los Angeles with offices in Miami, New York, Dallas, Phoenix, and Raleigh — strive to create a centralized CRE marketplace with enhanced marketing, due diligence, and deal-closing tools to accelerate our users’ success. For more information on Crexi, visit www.crexi.com.

 

About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide.

 

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Berger Commercial Realty/Corfac International Senior Vice President Stephen Hyatt represented the seller, Bennett-Stone Foundation, Inc., in the sale of its mixed-use property located at 1527 SW 1st Avenue in Fort Lauderdale, Florida.

Car Museum First Avenue, LLC, led by Steven Halmos, paid $4,150,000 for the former Fort Lauderdale Antique Car Museum Building.

The deal closed March 18.

The 21,000-square-foot building is situated on a 40,367-square-foot parcel of land. The museum is a reproduction of a Packard automobile showroom from the 1920s featuring beautiful, vaulted ceilings, wood beams and specialty flooring. The future mixed-use project will utilize the existing building.

“The South Andrews area has seen a recent uptick in activity with new multifamily housing, new retail and restaurants and the continued expansion of the Broward Health Medical Campus,” explained Hyatt.

Hyatt was the only broker involved in the transaction.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide.

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Berger Commercial Realty/Corfac International Managing Director-Palm Beach County Michael Feuerman, Esq., SIOR, CCIM and Sales Associate Daniel Silver , along with Matt Sultenfuss, SIOR, Managing Partner at Tampa-based Avocat Group represented tenant Accessories of Florida in a 30,155-square-foot long-term lease deal at Pompano Business Center-Building O, a warehouse/distribution facility located at 2530 NW 19th St. in Pompano Beach.

Accessories of Florida (AOF) s the General Motors authorized distributor/Installer of OEM accessories for the South Florida market as well as Tampa, FL; Troy, MI; Kentwood, MI; Bolingbrook, IL, and Des Moines, IA.

The landlord, First Industrial Realty Trust, was represented by Cushman & Wakefield.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide.

 

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Seagis is Developing a New 51,100 SF, State-of-the-Art Industrial Facility at Seagis @ Port 95 to Meet Rising Local Demand for Small Bay Warehouses Around Port Everglades and Fort Lauderdale International Airport

Fort Lauderdale, FL – March 9, 2022 – Berger Commercial Realty/Corfac International Vice President Jonathan Thiel, Senior Vice President Keith R. Graves, CCIM and Sales Associates Daniel Forman today announced it represented the landlord, Seagis Property Group, in a long-term industrial lease for 8,642 square feet with Carnival Corporation at Seagis @ Port 95 located at 3402 SW 26th Terrace in Fort Lauderdale, Florida. This transaction brings the first phase of Seagis @ Port 95, spaning three industrial buildings, totaling 142,000 square feet, to 100 percent occupancy.

Carnival Corporation, which plans to utilize the newly leased space for overflow storage from Port Everglades, was represented by Clinton Casey and Bill Rotella with Rotella Group.

“We are pleased to have been able to meet all of Carnival’s unique requirements and bring phase one of Seagis @ Port 95 to full occupancy,” said Thiel. “A lack of inventory for small bay warehouses with dock high doors in the Port 95 submarket, which offers easy access to Port Everglades and Fort Lauderdale International Airport, combined with strong ownership, continues to drive demand at this unique logistics park. We look forward to continuing our leasing momentum with the planned delivery of Seagis’ newest building at the project, which will break ground before the end of the year.”

Strategically located in Dania Beach, just south of State Road 84 and just west of I-95, on an approximately 15-acre site, Seagis @ Port 95 logistics park features approximately 200,000 square feet of industrial space. The first three, multi-tenant buildings totaling 142,000 square feet of space are located at 3400 to 3406 SW 26th Terrace. Constructed in 1992, the three buildings have since been upgraded by Seagis and feature 4,000 to 8,000-square-foot units with 20’ to 21’ ceiling heights, dock loading wells, ramped loading doors and a store front entrance. A fourth, brand new building at Seagis @ Port 95, is located at 3410 SW 26th Terrace. The highly efficient facility will feature 51,100 square feet of Class-A industrial space, 32’ clear ceiling height, 15 dock doors, drive-in doors, and an ESFR sprinkler system. Seagis @ Port 95 offers convenient access to State Road 84, I-95, I-595, Florida’s Turnpike, Fort Lauderdale International Airport and Port Everglades.

Seagis Property Group is one of South Florida’s most active industrial real estate owners and investors. The company currently owns 113 logistics properties across the region, totaling more than 6 million square feet of investment-grade industrial space.

For more information about Seagis @ Port 95 or to arrange a tour, please contact Jonathan Thiel at (954) 358.0900.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million

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Berger Commercial Realty/Corfac International Senior Vice President Bill McGee III negotiated the sale of Crossroads Commerce Center (PUD), a 70-acre development site located at 1100 Colonial Boulevard in Fort Myers, Florida.

Elevate Partners, LLC purchased the site from Summit Properties SW, LLC for $21,970,097. The deal closed February 25th.

McGee represented the buyer, Elevate Partners, LLC, in the transaction. Brandon Delanois with JLL represented the seller.

Elevate Partners is a real estate investment firm which focuses on the multifamily sector. The company actively purses both acquisitions and development opportunities and currently holds assets from South Florida to the Florida Panhandle up to Charleston, SC.

“Berger Commercial has worked with Elevate Partners since the company’s inception on identifying various development sites projects around the State of Florida,” commented McGee.

Plans for the newly purchased site include a commercial, multifamily, mixed-use, or retail development, but the project is still under review.

Crossroads Commerce Center is a unique, fully entitled, PUD zoning with all governmental agency permitting in place, allowing for 355,000 square feet of community commercial and related uses, nine (9) outparcels along Colonial Boulevard and two existing, fully constructed median openings in place with excellent visibility and traffic flow in one of the fastest growing areas of Lee County. The property also has one existing fully constructed median opening along SR 82 directly across from a Publix-anchored center and is within close proximity to I-75 and many residential developments.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently-owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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Washington, D.C. — CoStar Group (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics, and online marketplaces, announced today the recipients of the 2021 CoStar Power Broker Award, recognizing professionals and firms who closed the highest transaction volume in commercial real estate deals in their respective markets.

In the Fort Lauderdale/Broward County industrial market, Joseph Byrnes and Keith R. Graves, CCIM have been recognized as the most active local dealmakers with the prestigious industry award.

The CoStar Power Broker Award program has honored the industry’s elite for 22 years. Please help us in congratulating Joe and Keith on their 2021 CoStar Power Broker Award in the Top Industrial Leasing Brokers category.

Berger Commercial Realty is no stranger to these awards. In fact, our firm is celebrating its 15th consecutive year as a Top Leasing Firm and has also been awarded Top Sales Firm for 2021 in the Fort Lauderdale/Broward County market!

 

Click here to view the full list of winners.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide.

About CoStar Group, Inc.
CoStar Group, Inc. (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information and analytics, specializing in multifamily and single family residential, office, industrial, retail, hospitality and land property sectors. Founded in 1987, our suite of online services enables clients to advertise, sell and lease their properties, analyze, interpret and gain unmatched insight on commercial and residential property values, market conditions and current availabilities. CoStar is the industry-leading commercial real estate information, analytics and news platform. STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality sector. Ten-X provides a leading platform for conducting commercial real estate online auctions and negotiated bids. LoopNet is the most heavily trafficked commercial real estate marketplace online. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. Homesnap is an industry-leading online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and reinforce the agent-client relationship. Homes.com offers real estate professionals advertising and marketing services for residential properties. Realla is the UK’s most comprehensive commercial property digital marketplace. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. CoStar Group’s websites attract hundreds of millions of unique monthly visitors. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe, Canada and Asia with a staff of approximately 4,800 worldwide, including the industry’s largest professional research organization. For more information, visit www.CoStarGroup.com.

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Berger Commercial Realty/Corfac International has been named finalists in three separate categories for NAIOP’s 2022 Awards of Excellence, including Industrial Lease of the Year, Sale of the Year, and Rookie of the Year.

The NAIOP South Florida Awards of Excellence acknowledge commercial real estate professionals whose achievements have contributed to the region’s economic growth and business environment in a given year. Winners of the Awards of Excellence will be announced on Thursday, March 10 at the association’s 45th year of celebration at the Seminole Hard Rock Hotel & Casino.

Industrial Lease of the Year
Berger Commercial Realty’s Keith Graves, Joseph Byrnes, and John Forman represented Bridge Industrial in a 63-month, 290,000-square-foot lease with The Tire Rack at Bridge Point 595, located at 2700-2750 Bridge Way in Davie, Florida.

“There were several major hurdles in getting this deal to the finish line including COVID interruption, a major industry merger, and changing tenant requirements,” explained Graves. “Bridge Industrial and the Berger Team were engaged with the tenant for almost two years, before finally inking the impressive full building lease.”

Dave Veldman of Veldman & Morgan represented The Tire Rack, Inc. in the lease deal.

Sale of the Year
Berger Commercial Realty/Corfac International Vice President Jonathan Thiel, Senior Vice President Keith Graves, CCIM, and Sales Associate Daniel Forman, along with John Forman, represented Bridge Industrial in the purchase of 175 acres situated at the SW corner of NW 107th Avenue and NW 41st Street in Doral, Florida.

The deal closed December 15, 2021.

“We had to overcome extraordinary challenges to close this historical land sale that is arguably the most significant industrial sale transaction completed in 2021,” explained Berger Commercial Realty President Lloyd C. Berger.

The deal has been the talk of the brokerage community for three main reasons.

First, it is getting more challenging than ever to find any developable sites in the land constrained market of South Florida where industrial real estate remains in high demand thanks to today’s e-commerce-based economy. The property is the largest undeveloped tract of land in Doral, one of the fastest-growing cities in South Florida. While Doral has boomed with development over the past 15 years, this site has remained untouched.

Second, the site had been off the market, not listed for sale. Developers and brokers have been chasing this site for decades without any success.

And finally, if one were savvy enough to get in front of the property owners, they would say they are not interested in selling. Thiel, Graves and Forman, however, worked hard to clear all the hurdles and roadblocks that come with the transaction, clearing the way for Bridge to deliver a world-class logistics facility, Bridge Point Doral Distribution Center. Be on the lookout in mid-2024 for Phase I of the 2.6-million-square-foot project.

Rookie of the Year
Jordan Beck joined Berger Commercial Realty in 2019 as a sales associate. Prior to working in commercial real estate, Jordan worked in sales for a solar panel company for over 10 years. Jordan’s ability to source off-market deals and see them through to the finish line has made him stand out as a newcomer to the industry.

In 2021, Beck sourced 24 deals totaling $39,000,000, proving he has what it takes to thrive in this competitive industry.

His most recent transaction includes the sale of an off-market, 43,000-square-foot cold storage/food processing facility located at 1280 SW 29th Ave. in Pompano Beach, Florida, which sold for $15,750,000 to ACME Smoked Fish Group. The specialized property required a unique end-user for the deal to make sense. Together with Senior Vice President Joseph Byrnes, they had marketed the property silently off-market since the beginning of 2020.

“I have never seen someone new to the industry that has Jordan’s work ethic and instincts, commented Lloyd Berger. “ I often forget that he is a rookie and not a veteran in the industry. There is no doubt in my mind that Jordan will continue to have a successful career in commercial real estate.”

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide.

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Berger Commercial Realty/CORFAC International announced the sale of a three-story boutique office building in Downtown Fort Lauderdale for $3,950,000 million.

Sales Associate Jordan Beck and Senior Vice President Joseph Byrnes represented the seller, 1212 BUILDING LLC,
In the sale of the 14,000-square-foot building, located at 1212 E Broward Blvd. in Fort Lauderdale. There were no other brokers involved in the transaction.

The sale closed January 14.

Bernheim Kelley Battista & Bliss, LLC, a full-service personal injury, product liability, and consumer advocate law firm, purchased the building. The buyer plans to build out and occupy the 3rd floor, which was raw space at the time of the purchase, to operate their law office, which is currently located at 110 SE 6th St, also in Downtown Fort Lauderdale. The property’s ground floor serves as parking and the 2nd floor is fully leased to East Broward Dental and other professional office tenants.

“Due to the required buildout of the 3rd floor, it was a challenge for prospective buyers to either visualize occupying the property or having the necessary timeline to do a build to suit,” explained Beck.

“The property was on the market for a while and was listed by multiple brokerages prior to us. Finally, we came across the perfect buyer that both had a need for the space, and the time frame to go through the necessary construction,” added Byrnes.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide.

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Berger Commercial Realty/Corfac International Sales Associate Jordan Beck represented the buyer,
Genet Property Group, in the purchase of a small bay warehouse located at 3161-3181 NE 5 Avenue in Oakland Park, Florida.

GPC Oakland Park LLC sold the 13,515-square-foot property for $2,450,000. The deal closed December 28, 2021.

“The buyer plans to stabilize rents and hold the property long term, which will be a terrific addition to their portfolio,” explained Beck.

Built in 1966, the property is located just North of E Oakland Park Blvd, a couple blocks East of Andrews Ave.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide.

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Broward Office Q4_2021

Broward Industrial Q4_2021

Palm Beach Industrial Q4_2021

Palm Beach Office Q4_2021

We hope this information is informative and useful. If you have any questions, please contact one of our brokers and we will be happy to assist you.

 

 

About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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Berger Commercial Realty/Corfac International Vice President Jonathan Thiel, Senior Vice President Keith R. Graves, CCIM and Sales Associate Daniel Forman represented the tenant, AccuSolar, LLC., in a 66,293-square-foot industrial lease deal at Cypress Pointe, located at 1800 SW 13th Court in Pompano Beach, Florida.

AccuSolar, LLC will occupy the new space for a 5-year term. The deal closed December 21.

According to its website, AccuSolar is a floating solar manufacturer. With years of floating dock experience and using its unique manufacturing process, AccuSolar has incorporated the concept of adding PV panels to its floating docks. The company’s new proprietary patented AccuSolar product line is comprised of individual floating dock sections, each fitted with vendor furnished PV panels. These units are fitted with an aluminum cross deck arranged to support a variety of large solar panels. AccuSolar | Reload Floating Energy will be one of two tenants occupying the property.

Located at 1800 SW 13th Court in Pompano Beach, Florida with immediate access to I-95 and Florida’s Turnpike, Cypress Pointe Distribution Center is a 153,482-square-foot new construction project owned and managed by BRE Pompano Industrial Owner, LLC, a division of Link Industrial. The landlord was represented by Chris Metzger, SIOR with Cushman & Wakefield.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently-owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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Berger Commercial Realty/Corfac International Senior Vice Presidents Keith R. Graves, CCIM and Joseph P. Byrnes, along with John Forman, negotiated a new 63-month lease deal for 176,947 square feet at Bridge Point 595, a Class A industrial distribution facility located at 2700 Bridge Way in Davie, Florida.

The tenant, South Bend, IN-based The Tire Rack, Inc., is a customer-direct tire, wheels, car accessories distributor. The company has over 2.7 million square feet of distribution center space across the country packed with inventory from 26 major tire and 60 wheel brands ready to deliver by the next day in most cases, according to the company’s website.

Graves and Byrnes represented the landlord, Bridge 595, LLC, in the deal. Dave Veldman with Veldman & Morgan represented the tenant.

The lease deal comes on the heels of 96,728-square-foot lease deal, which the Berger Commercial Team negotiated earlier this month.

Bridge Point 595 is already home to Shipmonk, a multichannel order fulfillment services and inventory management software that enables companies to focus on achieving scalable growth, which occupies113,360 square feet, Vessel FL Operations, LLC. (Reef Technology), the largest operator of mobility, logistics hubs, and neighborhood kitchens in the United States, Canada, and has a growing presence in Europe, which signed on for ±47,316 square foot lease, and K&K Transfer, a full-service moving, delivery, storage and warehousing company, which signed a long-term lease agreement earlier this year to occupy 34,467 square feet.
Bridge Point 595 features three Class-A industrial buildings totaling 676,885 square feet, which is now 70% occupied. The three buildings within the park feature 32’ clear ceiling heights, dock-high loading, ESFR sprinkler systems, a 1.04/1,000 parking ratio, 54’ column spacing and 60’ speed bays. The rear-load facilities are located minutes from 595, I-95 and Florida’s Turnpike, offering easy access to South Florida’s major transportation arteries. The park also offers easy connections to South Florida’s busiest air and seaports, including Fort Lauderdale – Hollywood International Airport and Port Everglades, Port Miami, and Miami International Airport.
Bridge Industrial is one of South Florida’s most active industrial real estate developers. The company has acquired approximately 500 acres in 16 separate transactions throughout Miami Dade and Broward Counties and delivered 7 million square feet of Class-A industrial space across the region since entering the market in 2012.
The company’s current South Florida portfolio spans more than 5 million square feet of company-owned and third-party managed properties.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently-owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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Berger Commercial Realty/Corfac International Sales Associate Jordan Beck and Senior Vice President Joseph P. Byrnes negotiated the sale of a 43,000-square-foot cold storage/food processing facility located at 1280 SW 29th Ave. in Pompano Beach, Florida.

The deal closed December 6.

Acme Smoked Fish Group, which paid $15,750,000 for the facility, plans to utilize the facility for their operations, allowing the company to increase the food processing component of their business.

Beck and Byrnes represented the seller, Benson Properties Inc., in the transaction. No outside brokers were involved in the deal.

“The property is very unique due to it being a turn-key, state of the art food processing facility,” explained Beck. “There are floor drains throughout the property, along with coolers and freezers, insulated dock doors, and processing rooms.”

“This very specialized property required a unique end user for the deal to make sense,” added Byrnes. “We have been marketing this property silently off-market since the onset of COVID. Eventually, we came across Acme Smoked Fish Group, which had a major need to increase the processing component of their business. This property was perfect for them.”

The asset, which is currently occupied by Murvest Fine Foods, is situated on 2.5 acres.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently-owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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Berger Commercial Realty/Corfac International Senior Vice President Stephen Hyatt represented the seller, Rawworld Enterprises LLC, in the sale of its office/retail property located at 2495 East Commercial Boulevard in Fort Lauderdale, Florida.

Tricoastal Construction LLC paid $2,250,000 for the asset. The high-end residential construction company plans to convert the former vegan restaurant and dance studio to its corporate offices.

“The property generated substantial activity due to its excellent condition and prime location,” explained Hyatt. “It sold and closed in less than 4 months.”

The 6,657-square-foot building, which features Class A finishes throughout, is situated on .23 acres with 100 feet of frontage on E Commercial Blvd.

This is the second property that Hyatt has sold for this owner in past two years.

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About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide.

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